Else Nutrition (BABYF) products litter my home, and many others’ these days. As you probably know, I’m a new dad, which means I am fairly acquainted with all-things baby-related. But Else Nutrition has proven far and away the best infant nutrition maker I’ve come across. And BABYF stock isn’t a slouch either!
As I said, if there’s one thing I understand intimately from first-hand experience, it’s baby and toddler parenting trends in the 2020s.
Else Nutrition is one of the most rapidly accelerating and powerful trends in the infant nutrition space right now. Which represents a highly specialized, quite large, and absolutely necessary niche of the global foods market. It measures $80 billion globally today and has grown at a steady ~5% pace over the past several years because humans keep having babies, and babies require specialized nutrition.
But this $80 billion (and growing) market has been mostly dominated by highly processed cow-based formula milk…
Else Nutrition is trying to “fix” this market, by introducing the world’s first plant-based infant milk formula.
And I believe the growth narrative is just getting started for Else Nutrition stock. Over the coming months and years, expect BABYF stock to post blockbuster earnings and gains.
But while BABYF is one of my favorite growth stocks to buy today, it’s just one of my top stocks in a portfolio filled to the brim with innovative picks.
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On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this video.
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